Insights

DOXA Insurance Holdings to be Acquired by Goldman Sachs

Choate represented Century Equity Partners in the sale of its portfolio company, DOXA Insurance Holdings, to Goldman Sachs Asset Management. DOXA is one of the fastest growing niche underwriting and distribution companies in North America, solving complex coverage issues for numerous industries in need of specialized insurance solutions. This investment will help fuel DOXA's ongoing acquisition strategy in addition to its organic growth initiatives. The transition is expected to close in the fourth quarter of 2023, subject to customary closing conditions and regulatory approvals.